Commercial For Sale | Multifamily | Apartment building / Low Rise / Garden Style / 1-3 stories high
1726 Menlo Avenue . Los Angeles , CA 90006
For sale 5 units new 2022 construction at true 6% cap. For more information contact the listing agents Listed by Julio Ruiz •DRE #01911261 • Global Platinum Properties, Inc. 310.666.2246 (agent) •ziuroiluj@gmail.com (agent) Listed by Armin Soleimani •DRE #01846872 • Global Platinum Properties, Inc.
Posted: 08/13/2023 5:18 am
| On HOMEiZ: 271 days |
Updated: 3 weeks ago
| Views: 561
Location Map
Property Type
Available
Property Price
$3199000
$
N/A
6,119.00
Sq. Ft.
$366
8750
Contact listing agent%
6%
$0
$191940
14.00
$0
1.25%
$39988
Property Location & Description
For sale 5 units new 2022 construction at true 6% cap. For more information contact the listing agents Listed by Julio Ruiz •DRE #01911261 • Global Platinum Properties, Inc. 310.666.2246 (agent) •ziuroiluj@gmail.com (agent) Listed by Armin Soleimani •DRE #01846872 • Global Platinum Properties, Inc.
Non Rent Control
The Menlo-5 is an upscale, newly built collection of 4 units & 1 ADU situated in the heart of “Pico-Union” Los Angeles. All spaces are draped in quality finishes and full amenities – the architectural design guarantees a great living experience and great returns. No expense and no detail was left behind when designing the units and all units include Oversized windows, porcelain bathroom coverings, flat panel cabinets, sleek black hardware, large wood-inspired floor planks, high ceilings, central AC, in-unit washer and dryer, assigned parking spaces and the list goes on… Built using low-impact standards, water-efficient scaping and individual utility meters keep the expenses low. The combination of new construction, smart design, and great location bring stability and peace of mind to investors in search of a haven for their money during these volatile economic times.
Conveniently located North of (USC) University Village, Koreatown-Adjacent, and West of Downtown LA makes this collection is perfect for Master Leasing, Co-Living, and large family residences. This new development represents the luxury and vibrant lifestyle that incoming students, graduate students, and working professionals are pursuing.
5
$639800
No.
Description
No. Units
Sq. Ft.
Avg. Mo. Rent
1.
1+1
1
$2250
2.
3+3
2
$3900
3.
4+4
2
$4450
4.
5.
505-6021-016
LARD1.5
75%
Wood & Stucco
2
2022
Excellent
Excellent investment opportunity, true 6% Cap
Conveniently located North of (USC) University Village, Korea town Adjacent, and West of Downtown LA
Additional for a potential 6th unit (Junior ADU).
Perfect for Co-Living, Student housing, and large families.
Perfect for Co-Living, Student housing, and large families.
Property Information
Sewer
Septic Tank System
Parking
Off-street
Assigned Parking
Investment Overview
Energy Efficiency
No
1 Year
N/A
N/A
No
Yes
No
No
Neighborhood lifestyle
Urban Core
More information
Not in MLS
Listing Presented by
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